Sales & Marketing news

• STOCKS FALL, GOLD GETS CRUSHED: Here's what you need to know (SHLD, GLD, GLX, SPY, SPX, DJI, IXIC, GSPC, IWIM, TLT, TLO, DRI, GOOGL)

  04-10-2016 22:00 via feedproxy.google.com
  
  Stocks closed lower, gold tanked below $1,300 an ounce as the dollar rose, and Treasuries fell on Tuesday.
  The British pound dropped to a 31-year low against the US dollar after UK Prime Minister Theresa May said the legal proceedings to leave the European Union will kick in no later than the end of March 2017.
  First, the scoreboard:
  Dow: 18,168.45, -85.40, (-0.47%)
  S&P 500: 2,150.49, -10.71, (-0.50%)
  Nasdaq: 5,289.66, -11.22, (-0.21%)
  Gold: $1,270.05, -42.65, (
  
  Read more

• No, Donald Trump's tax avoidance is not normal

  04-10-2016 21:48 via feedproxy.google.com
  
  Since The New York Times published three pages from Donald Trump's 1995 tax filings, there has been some pushback from right-of-center economics writers, arguing there's nothing necessarily untoward about using a huge business loss to wipe out tax liabilities across many years.
  Bloomberg's Megan McArdle, for instance, argues that Trump's 1995 tax records reflecting a $916 million loss show "good tax policy at work."
  McArdle's argument is roughly as follows: if Trump
  
  Read more

• Here’s how Amazon Echo owners actually use their smart speakers (AMZN)

  04-10-2016 21:44 via feedproxy.google.com
  Google blew the lid off its new Home smart speaker today, taking clear aim at Amazon’s Echo device along the way. That cylindrical-speaker-cum-personal-assistant has proved a surprise hit for Amazon, but its sudden popularity begs the question: What do people actually do with these kind of devices?
  Well, if this chart from Statista is any indication, nothing too fancy. According to a recent study by Experian, the top six uses of the Echo are all pretty simple, and few of those are ask
  
  Read more

• Gold got slammed (GLD)

  04-10-2016 21:22 via feedproxy.google.com
  
  Gold tumbled below $1,300 on Tuesday.
  The shiny metal is down by 3.1%, to $1,271.85 an ounce as of 3:18 p.m. ET — the weakest level since June 23, the day of the Brexit vote.
  The move followed a Bloomberg report from Jana Randow, Alessandro Speciale, and Jeff Black that the European Central Bank will "probably gradually wind down bond purchases before the conclusion of quantitative easing, and may do so in steps of 10 billion euros ($11.2 billion) a month, according to euro-zone centr
  
  Read more

• Advertisement

• Here are the biggest salaries of TV's top stars

  04-10-2016 21:08 via feedproxy.google.com
  
  How much is Hollywood shelling out for its top TV talent? 
  In this age of wall-to-wall TV programming, stars have become essential in bringing sizable audiences to shows.
  Variety talked to actors, executives, agents, managers, attorneys, and others who are in the know about how much TV stars are making these days and found that the gap between the salaries of main stars and supporting ones has become larger.
  Star salaries can range from $1 million an episode for the main play
  
  Read more

• Here's JPMorgan's comprehensive guide to markets for the rest of 2016 (SPY, SPX, DJI, IXIC, JPY, USD, DXY, TLT, TLO, CNY, GBP, EUR)

  04-10-2016 20:35 via feedproxy.google.com
  
  The final quarter of 2016 is set up to be one of its most exciting. 
  Third-quarter earnings season will unofficially start next week, and it is expected to mark the sixth straight quarter that the largest public companies report a decline in profits, according to FactSet. 
  In November, Americans will vote in one of the most contentious presidential elections in modern history.
  And in December, the Federal Reserve could raise its benchmark interest rate for only the second tim
  
  Read more

• Wells Fargo's scandal reportedly impacted 10,000 small business accounts (WFC)

  04-10-2016 20:20 via feedproxy.google.com
  Wells Fargo's recent accounts scandal was not limited to its retail banking unit, according to a report from Reuters.
  Citing sources familiar with the matter, 10,000 small business accounts were impacted by Wells sales practices that also drove employees to open 2 million retail accounts without the knowledge of customers. It was not clear in the Reuters report how the small business accounts were impacted.
  In a letter to Wells Fargo CEO John Stumpf on September 29, Sen. David Vitter c
  
  Read more

• Brexit could cost banks $51 billion — according to the banks

  04-10-2016 20:07 via feedproxy.google.com
  
  Britain's exit from the European Union could stoke a £40 billion ($51 billion) loss in revenue for financial firms in the UK, Bloomberg News reported, citing an industry report to be released Wednesday.Oliver Wyman, which prepared the report on behalf of TheCityUK lobby group, said almost 70,000 jobs and £10 billion of tax revenue are on the line from Brexit, according to Bloomberg's Gavin Finch and Richard Partington.
  The report is said to examine two different Brexit scenarios. Ass
  
  Read more

• Advertisement

• There are now 5 states with only one insurance company offering Obamacare plans (AET, UNH)

  04-10-2016 19:51 via feedproxy.google.com
  
  South Carolina became the fifth state to have only one company offering health insurance through its Affordable Care Act exchange.
  The South Carolina Department of Insurance announced on Tuesday that Blue Cross Blue Shield of South Carolina will be the sole provider for South Carolinians looking to get covered through the ACA, better known as Obamacare, according to The Post and Courier.
  Aetna and United Healthcare both announced earlier in 2016 that they would pull out of the state's exchanges,
  
  Read more

• There are now 5 states with only one insurance company offering Obamacare (AET, UNH)

  04-10-2016 19:51 via feedproxy.google.com
  
  South Carolina became the fifth state to only have one company offering health insurance through its Affordable Care Act, better known as Obamacare, exchange.
  The South Carolina Department of Insurance announced on Tuesday that Blue Cross Blue Shield of South Carolina will be the sole provider South Carolinians looking to get covered through Obamacare, according to The Post and Courier.
  Aetna and United Healthcare both announced that they were pulling out of the state earlier in 2016, and B
  
  Read more

• Treasurys are getting crushed (TLT, TBT)

  04-10-2016 19:35 via feedproxy.google.com
  
  US Treasurys are under pressure on Tuesday, as investors bet on a coming rise interest rates.
  The selling follows hawkish comments by Fed officials, and reports the European Central Bank is considering a gradual wind down of its asset purchase program. 
  Tuesday morning, Richmond Fed President Jeffrey Lacker said he would have dissented at the September meeting if he had a vote and that the Fed should raise rates gradually, "but not too gradually," according to a report from Reuter
  
  Read more

• A 'casino' economy: What you need to know on Wall Street right now

  04-10-2016 19:15 via feedproxy.google.com
  
  Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.
  To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here.
  Legendary bond investor Bill Gross released his monthly outlook for October on Tuesday and again compared the world's central banks to a dangerous game — this time blackjack.
  He called the world's largest central banks "martingale gamblers without a purse," referring
  
  Read more

• Mark Ritson: Your customers may well be stupid, but they’re still yours

  04-10-2016 19:09
  
  In the history of modern terrorism you would be hard pushed to find a more extreme or tragic conflict than the one fought between Colombian Government forces and the Revolutionary Armed Forces of Colombia – Fuerzas Armadas Revolucionarias de Colombia, as it is known in Spanish or, even more commonly, FARC.
  For more than four decades this neo-Marxist force has been hidden in and around the base of the Andes mountains conducting a wide array of guerilla attacks on those that oppose them.
  Dur
  
  Read more

• Meet the man Steve Cohen hired to oversee big data

  04-10-2016 19:02 via feedproxy.google.com
  
  Point72 Asset Management, billionaire Steve Cohen's family office, recently brought on Matthew Granade to oversee big data.
  Granade oversees data ranging from sell-side research to alternative data that is then incorporated into the firm's quant and fundamental investing strategies.
  Point72 manages $11.6 billion, the bulk of which is Cohen's fortune.
  Business Insider caught up with Granade, the firm's chief market intelligence officer, last week at the investment firm's New York offices. What f
  
  Read more

• These 9 charts could define the future of America's workforce

  04-10-2016 18:37 via feedproxy.google.com
  
  America's labor force in 2060 could be smaller, older, and more racially diverse than it is now.
  In September, the Bureau of Labor Statistics' Mitra Toossi published charts with projections for the workforce over the next three decades.
  To compute their forecast, the BLS made projections from 2014 to 2024, and kept the labor force participation rate constant through 2060. Any changes after 2024 in the labor force, then, mainly reflect shifts in the makeup of the population.
  Here are the charts:S
  
  Read more

• Allexo Search: Associate Director - Loyalty Retail

  04-10-2016 18:09
  
  £70000 - £80000 per annum + Bonus + Benefits:Allexo Search:
  Associate Director with a globally recognised loyalty programme provider
  London / Leeds, West Yorkshire
  
  Read more

• Sears is soaring after reports it may sell part of its business (SHLD)

  04-10-2016 18:04 via feedproxy.google.com
  
  Sears Holdings has received a number of bids for its Craftsman tool business and the stock is soaring, according to Bloomberg.
  The report said that Stanley Black & Decker and Hong Kong-based Techtronic Industries have made bids for the business based on sources close to the matter.
  The brand may be worth $2 billion according to the Bloomberg report, and other businesses that have not bid yet — including Apex Tool Group and Sweden-based Husqvarna — are looking
  
  Read more

• The euro jumped after a report of ECB taper talks

  04-10-2016 17:58 via feedproxy.google.com
  
  The euro just jumped into the green after a report of ECB taper talks.
  The currency shot up to 1.1229 against the dollar —0.2% up — around 11:52 a.m. ET.
  It retraced some of its gains minutes later, and is down by 0.1% at 1.1197 against the dollar at 12:04 p.m. ET.
  The move follows a Bloomberg report from Jana Randow, Alessandro Speciale and Jeff Black that the European Central Bank will "probably gradually wind down bond purchases before the conclusion
  
  Read more

• Gold is getting slammed (GLD)

  04-10-2016 17:46 via feedproxy.google.com
  
  Gold tumbled below $1,300 on Tuesday morning.
  Now the shiny metal is down by 2.57%, to $1,279.00 an ounce, as of 11:43 a.m. ET — the weakest level since June 23, the day of the Brexit vote.
  This follows a Bloomberg report from Jana Randow, Alessandro Speciale, and Jeff Black that the European Central Bank will "probably gradually wind down bond purchases before the conclusion of quantitative easing, and may do so in steps of 10 billion euros ($11.2 billion) a month, according to euro-zone
  
  Read more

• Why content marketers need to become dam experts

  04-10-2016 17:43
  
  Torsten De RieseChief content scientist
  A new type of librarian is powering global content marketing campaigns. No, they are not people dwelling in basements guarding grey filing cabinets. I am talking about a new wave of digital asset management (DAM) software providers. Actually, it is more like a flood than a wave with more than 250 solutions available on the market now. So why do we need DAM and how do you choose the right product?
  In a world where content marketing has gone mains
  
  Read more

• 2.5 million Americans are leaving money on the table while buying health insurance

  04-10-2016 17:19 via feedproxy.google.com
  
  Millions of American are leaving money on the table when buying health insurance, according to the Department of Health and Human Services.
  People who do not receive insurance from their employer or a government-sponsored plan such as Medicaid or Medicare are currently able to get individual insurance through the exchanges set up by the Affordable Care Act, the healthcare law better known as Obamacare, or they can buy coverage directly from a private health insurer.
  The advantage of going throug
  
  Read more

• Mastercard confident consumers will use selfies to make payments

  04-10-2016 17:03
  
  Mastercard has announced it is launching ‘Selfie Pay’, a new method for customers to verify their identity when making transactions online.
  The update allows cardholders to verify their identity by using biometrics such as fingerprints or facial recognition – the latter, requires users to take a ‘selfie’. The aim of the move is to move consumers away from the less-secure nature of passwords.
  The update will today (4 October) be introduced in 12 count
  
  Read more

• Marketing in the age of Trump

  04-10-2016 16:59
  
  Donald Trump’s bid for the White House reveals much about mass media’s enduring power in PR and marketing terms. Photo credit: Gage SkidmoreRegardless of whether he wins or loses the US presidential election on 8 November, there has been no bigger marketing story in 2016 than that of Donald Trump. The acerbic, controversial Republican candidate has dominated the news agenda with outrageous statements on immigration, guns and foreign policy to name just a few topics, generating &lsquo
  
  Read more

• Russia's inflation plunged to its lowest level since February 2014

  04-10-2016 16:52 via feedproxy.google.com
  
  Russia's inflation just plunged more than expected.
  Headline inflation came in at 6.4% year-over-year in September — the slowest rate since February 2014. 
  This reading was below the prior month's 6.9%, and below economists' expectations of 6.6%.
  "The larger-than-expected fall in Russian inflation ... is unlikely to have any impact on the outlook for monetary policy over the rest of this year, but it does reinforce our view that the headline rate will fall sharply," argued Liza Ermole
  
  Read more

• Morgan Rutherford Associates: Advertisement sales Exective

  04-10-2016 16:30
  
  £25K-£30K Basic+Commission:Morgan Rutherford Associates:
  Advertisement sales executive is required for my client based in Chelsea, they publish a number of coffee style magazines and associated websites.
  London (Central), London (Greater)
  
  Read more

• There's more evidence Vancouver's housing bubble is bursting

  04-10-2016 16:23 via feedproxy.google.com
  
  Home sales in Vancouver have plunged again.
  The latest data from the Real Estate Board of Greater Vancouver showed that home sales in the metro area in September collapsed by 32.6% year-over-year to 2,253 homes, according to Reuters.
  The board said this "marked a return to historically normal levels," according to Global News.
  This follows last month's drop of 23% year-over-year, which analysts argued suggested that the "Vancouver market may be softening."
  While the August drop coincided with a
  
  Read more

• Premier League and TUI on why ‘Brand Britain’ remains strong post-Brexit

  04-10-2016 16:03
  
  Speaking on a panel today (4 October) looking into ‘Brand Britain, Beyond Brexit’, William Bush, executive director of the Premier League, said that though the nation is not yet certain what Brexit means economically, ‘Brand Britain’ has not been lost.
  Earlier this week, the PM Theresa May pledged Article 50 would be triggered by March 2017 in a move analysts claim is a proof the government doesn’t mind losing access to the EU single market.
  Read more
  
  Read more

• Olive Garden just signaled an ominous threat to the restaurant industry (DRI)

  04-10-2016 15:54 via feedproxy.google.com
  
  The restaurant industry needs some bloodletting, according to the CEO of a major restaurant chain.
  The CEO of Darden Restaurants, the owner of chains such as Olive Garden and Longhorn Steakhouse, said in the company's quarterly earnings call on Tuesday that the restaurant industry needs to see some changes in order to become healthy again.
  Currently, traffic for restaurants overall is falling for a few reasons, including the relative cost of buying groceries, and the shift toward smaller, local
  
  Read more

• Join Marketing Week in the ‘Chill and Charge’ lounge at the Festival of Marketing

  04-10-2016 15:35
  
  Those attending the Festival of Marketing at London’s Tobacco Dock on 5 and 6 October will have the chance to recharge their batteries between sessions at Marketing Week’s ‘Chill and Charge’ lounge.
  The room offers lots of seating and tables so delegates can come in and relax, have meetings or catch up on emails. We’ll also have plenty of chargers available to recharge devices, as well as giant bean bags and table tennis and pool tables to relax in between
  
  Read more

• Manhattan's housing market is slowing down

  04-10-2016 15:31 via feedproxy.google.com
  
  Fewer people are buying condos in Manhattan because they have more choices and can more easily reject exorbitant prices.
  The number of sales closed in the borough slumped by 18.6% during the third quarter, according to a report from Douglas Elliman Real Estate released on Tuesday.
  Resale inventory surged 8%, while the number of newly built units spiked by 27%, to nearly 1,000, giving buyers more options.
  "The year over year surge in new development inventory was a significant change in direction
  
  Read more

• Why brands are creating ‘social contracts’ to build trust around data use

  04-10-2016 14:49
  
  Data analysis is central to businesses that need to stay competitive through enhanced knowledge of consumer behaviour and preferences yet there is limited confidence in the current state of the data economy. A fundamental lack of trust is damaging the consumer’s relationship with brands and impeding data-driven innovation.
  The Annual Track survey by the Information Commissioners Office (ICO) is a gauge of consumers’ awareness and concerns around data use. It reveal that only one
  
  Read more

• BILL GROSS: Central bankers have turned the economy into a 'casino' that threatens capitalism

  04-10-2016 14:28 via feedproxy.google.com
  
  Bill Gross is going after central bankers ... again.
  The famed bond investor at Janus Capital released his monthly outlook for October on Tuesday and again compared the world's central banks to a dangerous game, this time blackjack.
  Gross noted the theory of a martingale system, in which a gambler in a casino will eventually win if he or she continually increases the size of his or her bets with each loss.
  Gross then compared the world's largest central banks — the Federal Reserve, the Ban
  
  Read more

• Deutsche Bank has made some new investment banking hires

  04-10-2016 14:07 via feedproxy.google.com
  
  Deutsche Bank has made some new hires in its tech investment-banking and financial institutions groups.
  The firm has hired Brian Pitz as cohead of internet investment banking coverage, according to an internal memo from global tech, media, and telecom-banking coheads Gavin Deane and Mark Keene.
  Pitz was previously with Jefferies and will start working for Deutsche Bank in January 2017.
  Riaz Ladhabhoy, who has been with Deutsche Bank for 10 years, will join Pitz as cohead of intern
  
  Read more

• Here's a super-quick guide to what traders are talking about right now (SPY, SPX, DJI, IXIC, USO, WTI, OIL, VDE, DXY, USD)

  04-10-2016 13:48 via feedproxy.google.com
  
  Dave Lutz, head of Exchange Traded Funds at JonesTrading, has a brief overview of what traders are talking about before the US market open on Tuesday.
  In brief:
  The pound crashed to a 31-year low against the dollar as more details of the UK's strategy to leave the European Union emerge. Cable, the nickname for the pound/dollar pair, fell below the level it slid to after the referendum in June. 
  Global markets are giving up early gains, and US stock futures are well off the highs reached ove
  
  Read more

• The owner of Olive Garden reported dynamite earnings, and the stock is leaping (DRI)

  04-10-2016 13:47 via feedproxy.google.com
  
  Darden Restaurants, the owner of numerous restaurant chains including Olive Garden and LongHorn Steakhouse, on Tuesday reported higher-than-expected earnings and guidance for its first fiscal quarter of 2017.
  The restaurant group reported adjusted earnings per share of $0.88, higher than analyst estimates of $0.82 a share. Revenue missed slightly at $1.71 billion against estimates of $1.72 billion.
  Sales increased by 1.6% across all Darden restaurants, higher than the estimated 1.4% rise. Olive
  
  Read more

• HSBC banks on an agile insight approach

  04-10-2016 12:45
  
  Lucy FairhallHead of research & insightAt HSBC, customers are at the heart of everything we do. That means we are always striving to deliver insights that meet the increasing pace and complexity of business and customer requirements. To do that effectively, we have taken a new approach to research – one that blends innovative and traditional B2B research methodologies to give us faster, deeper and more agile insight while also providing valid and credible results.
  When size isn’
  
  Read more

• Patience can be a virtue in new product development

  04-10-2016 12:43
  
  Mat LinternGlobal CEO
  As a specialist new product development (NPD) research agency, we increasingly hear ‘What do I need to do to get this through Bases?’ – Nielsen’s approach to testing the potential of new products. Unfortunately, as markets mature, all too often the easiest answer is to add buzzwords and broaden the communication to ensure more and more people have something to latch onto. Rambling descriptions promising a ‘clean-eating, great tasting, pro
  
  Read more

• Sponsorship: in pursuit of greatness

  04-10-2016 12:37
  
  Steve LooneyResearch director
  The summer of 2016 has been fantastic for sports fans with continuous action – from Euro 2016 in France, to Wimbledon, to the Rio Olympics, where even though some of the medals were won in the middle of the night, the nation was gripped by the amazing performance of Team GB.
  The dust is now settling. Brands that have invested in trying to capitalise on the UK’s sporting obsession will be looking to see what effect their brand’s associations w
  
  Read more

• First Utility’s CMO on why it wants to become a tech company

  04-10-2016 10:15
  
  Jill Dougan has been in her role as chief marketing officer at energy company First Utility for almost three months. From a financial services background, Dougan believes her role within the company is “a marketer’s dream” as it is both challenging and fast moving.
  Dougan has entered the energy market at a volatile time. A damning report by Ofgem has shown what many brands undoubtedly already know; consumer trust is low. The report says that while profits rise, consum
  
  Read more

• First Utility’s CMO on how it plans to move from energy to tech

  04-10-2016 10:15
  
  Jill Dougan has been in her role as chief marketing officer at energy company First Utility for roughly three months. Originally from a financial services background, Dougan believes that her role within the company is “a marketer’s dream” as it is both challenging and fast moving.
  Dougan has entered the energy market at a volatile time. A damning report by Ofgem has shown what many brands undoubtedly already know; consumer trust is low. The report says that while profits
  
  Read more

• Voice search 'mainstream' in five years

  04-10-2016 02:00
  
  NEW YORK: Brands need to move beyond written keywords when considering how best to promote their online presence, as voice search may become mainstream within the next five years, a leading industry figure has said. Speaking during Advertising...
  
  Read more

• Mobile apps need to be small, relevant

  04-10-2016 02:00
  
  SINGAPORE: Asian consumers like using apps but the number available mean that they have little compunction about uninstalling them if they lack relevancy or take up too much memory, while notifications have been disabled on many that make the cut....
  
  Read more

• India's FMCG brands embrace YouTube

  04-10-2016 02:00
  
  NEW DELHI: Hindustan Unilever and Procter & Gamble have gained almost half a billion views for their FMCG brands in India, figures which underpin YouTube's launch of new features aimed at the Indian market.A study by video intelligence company...
  
  Read more

• Fiat Chrysler targets lifestyle moment

  04-10-2016 02:00
  
  NEW YORK: Fiat Chrysler, the automaker, has enjoyed digital success by seeking to more actively reach consumers at the "Is it right for me?" moment. Amy McNeil, Head/Digital Marketing at Fiat Chrysler Automobiles – which owns brands like Alfa...
  
  Read more

• Brands beware Brexit 'solastalgia'

  04-10-2016 02:00
  
  LONDON: The UK's vote to leave the EU raises some potentially difficult issues for brands, particularly those that have chased innovation and new technology at the expense of more traditional marketing approaches, two industry figures have said. ...
  
  Read more

• Brand charity begins at home

  04-10-2016 02:00
  
  LONDON: Many brands looking to partner with an NGO or charity choose to ally themselves with an international cause that works across borders, but Britvic, the UK drinks business, is keeping it local with its new Lifting Spirits Foundation.It...
  
  Read more

• Blog: The problem with moral licensing

  04-10-2016 02:00
  
  People tend to over-compensate and treat themselves after acting virtuously, notes Richard Shotton. So products which appeal to a consumer's indulgent side should target consumers in contexts where they're feeling virtuous.
  
  Read more

• Affluent use more media

  04-10-2016 02:00
  
  NEW YORK: Affluent US consumers, already heavy media users, are using even more as they diversify into new digital platforms, new research has shown, partly a consequence of the greater numbers of Gen Xers entering this demographic. The latest...
  
  Read more

Follow @sales_mrktinguk on Twitter!